Landmark Restaurant with Exceptional Brand Equity

Jacksonville, FL (Duval County)

Landmark Restaurant with Exceptional Brand Equity
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Asking Price: $300,000

Cash Flow: $88,016

Gross Revenue: $903,630

EBITDA: N/A

FF&E: $200,000

Inventory: $5,000

Rent: $5,000 /Month

Established: 1977

Landmark Restaurant with Exceptional Brand Equity

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Business Description

GENEROUS SELLER FINANCING AVAILABLE for qualified buyers (PFS required). For over 40 years this landmark restaurant has been serving up great food in the heart of Jacksonville. A frequent "Best of Jacksonville" award winner, this is a unique opportunity to purchase one of northeast Florida's best known brands. The current owners have operated the business for 20 years and plan to retire. The dining room seats 150 and includes a private room for meetings and special occasions. Catering and takeout are 40% of the total business and offer immediate opportunities for growth. Confidential Memorandum available to qualified buyers with a signed confidentiality agreement. REAL ESTATE is available to purchase, excellent development opportunity! Call us today for your NDA!!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,400
Lease Expiration:
12/31/2019
Employees:
20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
2 weeks
Reason for Selling:
Retirement
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Nancy Hallett

Business Listed By:
Nancy Hallett

Gateway Business Advisors

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